Editorial Standards

Last updated: 21 October 2026

PYE Markets exists so traders can trust what they read and prove what they claim. These are the rules we hold ourselves to.

1. Every number has a source

• Market prices are delayed quotes from Yahoo Finance. Volatility comes from the index it is named after: Cboe VIX, VXN, GVZ and OVX, and Deribit DVOL for Bitcoin. Where no implied-volatility index exists (single stocks), we show 20-day realized volatility and label it that way.
• Rates come from the Federal Reserve Bank of St. Louis (FRED); positioning from the CFTC Commitments of Traders report; company filings from SEC EDGAR.
• Each figure carries its source and time. If a source fails, we show the last good value marked as stale, or a dash. We never fill a gap with an estimate presented as data.
• Automated checks block a release if a figure is labelled with a source it did not come from.

2. How our pieces are written

Automated pieces. Our market data updates every two hours, and the daily cross-asset briefing is written by software from that data. Automated pieces carry the byline "PYE Markets data desk (automated)" and a label saying so. They are not individually reviewed by an editor before publication, which is why the data checks above exist and why every briefing shows its sources.

Use of AI. Our long-form articles and house analysis are drafted with AI assistance, then checked figure by figure against their sources before publishing. They carry the byline "PYE Markets". Each piece lists the sources it used. Members' own posts are written by them.

Dates. Every piece shows the date it was published. When we change a published piece, it also shows "Updated" with the date and a note saying what changed; factual errors are also listed on our corrections page.

3. Prop-firm coverage

• Firm rules, prices and company details come from each firm's own website and help center, or official registries. Each profile shows when we last checked it and links to the pages we used.
• Where we could not confirm a detail, the profile says so.
• No firm pays for placement, ranking or coverage. We take no referral fees, affiliate commissions or sponsorship from prop firms, and we don't publish discount codes. Prices shown are the firms' published list prices.
• Firms can request a correction from their page on our site ("Are you from this firm? Request a correction") or at hello@proveyouredge.com; we check the claim against their own published pages. We review firm correction requests within 2 business days.

4. Community content

Posts by community members are their own views, not ours, and are not investment advice. Every post is locked and timestamped at publication: its author can correct it for up to 15 minutes, then only dated updates are added. Writers can attach an optional trade setup, which is locked too and scored automatically under public rules; deleting a post does not remove its setup from the author's record. Posts are moderated under our community guidelines, and every moderation action is logged.

5. Not advice

We publish general market information and education. We don't tell individuals what to buy or sell, and we don't sell signals.

6. Corrections

When we get something wrong, we fix it promptly and record what changed on our corrections page, with the date. We don't quietly edit errors away.

7. How we make money

Today we earn nothing from any firm, broker, exchange or advertiser. No referral fees, sponsorships, paid placements or paid content. The site is funded by PYE Markets.

We expect to introduce revenue as the readership grows. We are publishing the rules now, before any of it exists, so readers can hold us to them:

• Every paid link is labelled "Paid link" where it appears, with what we earn. A paid link never appears without its label; our publishing system blocks it.
• Money never changes coverage. Whether a firm pays us has no effect on which firms we cover, how they are ordered or compared, the rules and prices we report, or what we write about them. Firms do not see or approve coverage before publication.
• Every commercial relationship is listed here, with the firm, the type of arrangement and the start date, before the first paid link goes live.
• Advertising, if we carry it, is marked "Advertisement" and kept visually separate from editorial content. We will not carry advertising for signal sellers, guaranteed-return schemes or unlicensed investment products.
• No paid content dressed as journalism. We do not publish articles a firm has paid for.
• Accuracy stays free. Corrections, firm rule changes, risk information and members' track records will never sit behind a paywall.
• Community posts carry no paid links. Members must disclose their own positions and any commercial ties in each post.

Commercial relationships

None.

8. Photos and video

We only show photos we are allowed to reuse, and every photo says where it came from.

• Photos come from Wikimedia Commons and are loaded from Wikimedia's servers. We use only files that are public domain (including works of the US federal government, such as Federal Reserve photos), CC0, or Creative Commons Attribution (CC BY) and Attribution-ShareAlike (CC BY-SA). We do not use files whose licence forbids commercial use or changes (NC or ND).
• Each photo carries a credit line with the photographer, the licence and a link to the original file page, where the full licence terms are. Thumbnails too small for a credit line show it when you hover, and are listed below. We crop photos to fit the layout; we do not otherwise alter them.
• We do not use AI-generated images as photographs, and we do not use photos of people to suggest that they endorse PYE Markets.
• Video is embedded from the official YouTube channels of the Federal Reserve, the European Central Bank and the Bank of England, as linked from each bank's own website. Videos use YouTube's privacy-enhanced mode and load only when you press play.

Photo library

• The Marriner S. Eccles Building, home of the Federal Reserve Board in Washington, D.C. Photo: Federal Reserve Board, Public domain.
• The Federal Reserve Board’s Eccles Building on Constitution Avenue, Washington, D.C. Photo: AgnosticPreachersKid, CC BY-SA 3.0.
• The Eccles Building in October 1937, the year it opened. Photo: Federal Reserve Board, Public domain.
• The Eccles Building, built in 1937 for the Federal Reserve Board. Photo: Federal Reserve Board, Public domain.
• The Federal Reserve Bank of New York, which runs the Fed’s open-market operations, in Manhattan’s Financial District. Photo: Kidfly182, CC BY 4.0.
• The European Central Bank’s headquarters tower in Frankfurt am Main. Photo: Dr. Thomas Liptak, CC BY-SA 4.0.
• The European Central Bank and the Frankfurt skyline at dawn, seen from the west. Photo: DXR, CC BY-SA 4.0.
• The Bank of England, viewed from Lombard Street in the City of London. Photo: Diliff, CC BY-SA 3.0.
• The entrance of the Bank of England in the City of London. Photo: The wub, CC BY-SA 4.0.
• The Bank of Canada’s head office in Ottawa. Photo: Colin Rose, CC BY 2.0.
• The Bank of Canada on Wellington Street, Ottawa. Photo: Robert Linsdell, CC BY 2.0.
• The Swiss National Bank’s headquarters at Bundesplatz 1, Bern. Photo: Ank Kumar, CC BY-SA 4.0.
• The Bank of Japan’s head office in Tokyo. Photo: Syced, CC0.
• The US Treasury Department building in Washington, D.C., with the Washington Monument behind. Photo: MeanieHyaena, CC BY 4.0.
• The US Treasury building in Washington, D.C. Photo: Tony Webster, CC BY-SA 3.0.
• The New York Stock Exchange’s Broad Street facade. Photo: Jakub Hałun, CC BY 4.0.
• The corner of Broad Street and Wall Street, with the New York Stock Exchange and Federal Hall. Photo: Arild Vågen, CC BY-SA 4.0.
• The New York Stock Exchange on Broad Street. Photo: Billie Grace Ward, CC0.
• A Wall Street sign in Lower Manhattan. Photo: Alex Proimos, CC BY 2.0.
• Wall Street, New York. Photo: Chris Li chrisli, CC0.
• Lower Manhattan, home of the Financial District, from Upper New York Bay. Photo: Jakub Hałun, CC BY-SA 4.0.
• The Chicago Board of Trade Building at the foot of LaSalle Street, Chicago. Photo: Ken Lund, CC BY-SA 2.0.
• The Chicago Board of Trade Building on West Jackson Boulevard, Chicago. Photo: Ken Lund, CC BY-SA 2.0.
• Fog rolls over the Preemraff oil refinery at Brofjorden, Sweden. Photo: W.carter, CC BY-SA 4.0.
• The Anacortes refinery on March Point, Washington state, with Mount Baker behind. Photo: Walter Siegmund, CC BY 2.5.
• An oil pumpjack in Glenpool, Oklahoma. Photo: roy.luck, CC BY 2.0.
• An oil and chemical tanker under way in the North Sea. Photo: Niels Johannes, CC BY-SA 4.0.
• Stacked gold bars. Photo: Stevebidmead, CC0.
• A gold ingot and bar on display at the Banque de France, Paris. Photo: Ibex73, CC BY 4.0.
• A Casascius coin, a physical token that holds a bitcoin. Photo: Steve Jurvetson, CC BY 2.0.
• Rows of bitcoin mining hardware. Photo: Marko Ahtisaari, CC BY 2.0.
• US $100 banknotes. Photo: Milad Mosapoor, Public domain.
• A silicon wafer, the base material of computer chips. Photo: Enrique Jiménez, CC BY-SA 2.0.
• Server racks in a data centre. Photo: BalticServers.com, CC BY-SA 3.0.
• Container cranes at the Port of Antwerp at dusk. Photo: Trougnouf, CC BY 4.0.
• A container ship at the Hai Phong International Container Terminal, Vietnam. Photo: Nathan.cima, CC BY-SA 4.0.
• Shipping containers stacked at the Port of Rotterdam. Photo: AgainErick, CC BY-SA 4.0.
• Tokyo’s Shinjuku skyline. Photo: Ajay Suresh, CC BY 2.0.
• The City of London, London’s financial district, across the Thames. Photo: Colin and Kim Hansen, CC BY-SA 4.0.
• Canary Wharf from Limehouse, London. Photo: King of Hearts, CC BY-SA 4.0.
• Frankfurt’s banking district across the river Main. Photo: Flocci Nivis, CC BY 4.0.